Elko New Market, MN Employment - Median Household Income, Unemployment Rate

Get 300+ Local Insights for Any Address in Elko New Market, MN

Get Access to 300+ Local Data Points

A+

45%

Income/capita NAT. AVG.

147%

Household income NAT. AVG.

86%

Unemployment NAT. AVG.

Index	Elko New Market	Minnesota	National
Income per capita	$65,010	$49,588	$44,883
Median household income	$200,966	$92,370	$81,333
Median income owner occupied	$205,316	$117,544	$106,172
Median income renter occupied	$183,248	$52,026	$52,080
Median earnings male	$110,926	$60,747	$54,343
Median earnings female	$66,856	$42,223	$38,439
Unemployment rate	0.7%	3.6%	4.9%
Poverty level	0.4%	10.8%	15.1%

Explore the Local Economy Before Moving!

See economic data around your specific address
Understand nearby income and employment trends
Compare local economies side by side

GET REPORT →

Homes For Sale In Elko New Market, MN

401 James Pkwy

Elko New Market, MN

27221 Petes Hill Trl

Elko New Market, MN

1405 Overlook Ct

Elko New Market, MN

7531 E 250th St

Elko New Market, MN

Key findings

The income per capita in Elko New Market is 45% higher than the national average
The median household income in Elko New Market is 147% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Elko New Market is 86% lower than the national average
The poverty level in Elko New Market is 97% lower than the national average

Compare Elko New Market, MN Employment

Best Places for Employment in and Around Elko New Market

See all the best places to live around Elko New Market

Write a review to give others more information about this area.

See all Elko New Market poll results

am i middle class

$133,963 $200,966 $401,932

City

$61,573 $92,370 $184,740

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

The best places in Minnesota

Here are the best places to live in Minnesota

Check out the 10 most dangerous cities in Minnesota

Check out the 10 safest cities in Minnesota

These are the largest cities in Minnesota

Elko New Market median earnings by income bracket

Elko New Market employment by industry

Labour Type	Male	Female
Construction industry	7.7%	7.7%
Manufacturing sector	15.6%	15.6%
Financial & insurance services	7.1%	7.1%
Wholesale & retail services	10.2%	10.2%
Public administration	8.6%	8.6%
Transportation, warehousing & utilities	13.0%	13.0%
Education, health & social services	11.1%	11.1%
Other	25.6%	25.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Savage, MN	32,591	$172,594	112.2%
Rosemount, MN	25,406	$167,328	105.7%
Lakeville, MN	67,943	$163,722	101.3%
Prior Lake, MN	27,582	$162,226	99.5%
Carver, MN	5,644	$161,697	98.8%
Elko New Market, MN	4,901	$200,966	147.1%

Cities with similar population

City	Population	Household Income	National Avg.
Kneehill County, AB	4,902	n/a
Hawaiian Ocean View, HI	4,903	$36,647	54.9%
East Harwich, MA	4,903	$132,788	63.3%
Carthage, MS	4,904	$54,942	32.4%
Richwood, LA	4,897	$36,371	55.3%
Elko New Market, MN	4,901	$200,966	147.1%

Source: The Elko New Market, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.